They were welcome to take part in the new model if they chose to.
Stallholder Emma Walsh, of Flux Coffee, said it would be good to see more variety in the shed.
The proposals are expected to align with the Cargo Shed purpose - to provide a creative arts venue open to the public.
The term of a new lease agreement will be for 12 months from July 1, 2013.
Presenters will each be given 10 minutes to outline their proposal.
They have been asked to provide information about the types of activities that would operate in the Cargo Shed, the types of experiences the public would have, audiences they expect to attract, opening hours, assistance required, and promotion of the venue.
The council committee will consider the issue of the preferred leaseholder for the Cargo Shed on June 10.